Bulletin n. 1/2009 | ||
July 2009 | ||
Speyer Bernhard, Walter Norbert |
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Why Europe must create a strong financial watchdog | ||
in Europe´s World , Issue 11, Spring , 2009 | ||
The financial crisis has raised serious doubts about the effectiveness of Europe’s efforts to address its fragmented national systems of financial regulation. Deutsche Bank's Norbert Walter and Bernhard Speyer argue for the setting-up of a pan-European financial supervisor with real clout, and warn that if EU governments fail to summon up enough political courage, the economic cost will be very high. http://www.europesworld.org/NewEnglish/Home/Article/tabid/191/ArticleType/articleview/ArticleID/21305/Default.aspx | ||